From hot air to cold hard facts: how financial markets are finally - PowerPoint PPT Presentation

May 09, 2023 •357 likes •490 views

Investment Association Viewpoint From hot air to cold hard facts: how financial markets are finally getting a grip on how to price climate risk and return and what needs to happen next 16 October 2020 Andrew Hauser, Executive Director for

Investment Association Viewpoint From hot air to cold hard facts: how financial markets are finally getting a grip on how to price climate risk and return – and what needs to happen next 16 October 2020 Andrew Hauser, Executive Director for Markets
Excess returns of green equity & bond indices vs market-wide benchmarks 2
Potential economic benefits of disclosing climate metrics (and costs of not) 3
TCFD-aligned disclosures 4
Correlations between environmental scores from different rating providers Key Each matrix displays correlation coefficients between Environmental ratings given by five rating providers (labelled P1 – P5 in the charts) on a sample of 924 firms (2017 data). Right: Correlation coefficients between aggregate Environmental ratings. Below : Correlation coefficients between ratings of a selection of more granular environmental categories. Greenhouse Gas Emissions Energy Green Buildings P1 P1 P1 P2 0.25 P2 0.40 P2 n/a P3 n/a n/a P3 0.22 0.19 P3 0.22 n/a P4 0.28 0.47 n/a P4 0.26 0.33 0.02 P4 0.19 n/a 0.18 P5 n/a n/a n/a n/a P5 0.37 0.05 0.17 0.36 P5 0.55 n/a 0.34 0.34 P1 P2 P3 P4 P5 P1 P2 P3 P4 P5 P1 P2 P3 P4 P5 5
Alternative warming potential Estimate of APF corporate holdings ‘portfolio warming metrics for same portfolio potential’ 6
A selection of ‘green bond’ structures 7
Corporate green bonds outstanding Total green bond issuance by nationality of issuer 8
New issue premia for non-financial Currency composition of bonds by European-issued € bonds (Sep 2020) UK domiciled issuers (excluding gilts) 9
Sovereign green bonds in issue Dutch green corporate bonds 10
Number of launches of new AUM and flows into sustainability-rated ‘climate aware’ funds open ended funds 11
ESG integration Source: CFA Institute 12
Climate-based asset allocation strategies 13

Download Presentation

Download Policy: The content available on the website is offered to you 'AS IS' for your personal information and use only. It cannot be commercialized, licensed, or distributed on other websites without prior consent from the author. To download a presentation, simply click this link. If you encounter any difficulties during the download process, it's possible that the publisher has removed the file from their server.

Recommend

FALLACIES Environmental Group Claims - Propaganda versus Cold Hard Facts - The Truth

FALLACIES Environmental Group Claims - Propaganda versus Cold Hard Facts - The Truth 19 Vicksburg District Mitigation Efforts October 26, 2006 Cold PROPAGANDA: TRUTH: Wrong again! Hard The Corps and local people cant be

523 views • 18 slides

Barbados Response: The Stop yuh too sweet Campaign COLD NCDs are killing us early! HARD

April 25, 2019 Barbados Response: The Stop yuh too sweet Campaign COLD NCDs are killing us early! HARD NCDs are now responsible for 8 out of every 10 FACTS deaths in Barbados 31% of children in Barbados are considered obese or

735 views • 12 slides

Cold War Development of the Cold War The Cold War (1945-91) was one of perception where

Origins of the Cold War Development of the Cold War The Cold War (1945-91) was one of perception where neither side fully understood the intentions and ambitions of the other. This led to mistrust and military build-ups. United States

398 views • 37 slides

Social Policy in a Cold Climate: Focus on London Hard Times, New Directions? : The Local

Social Policy in a Cold Climate: Focus on London Hard Times, New Directions? : The Local Government Cuts in London Presentation to London Funders by CASE January 21 st , 2014 Austerity and Local Government ? LOCAL GOVERNMENT Recession, change

532 views • 18 slides

Botnets: a Growing Threat Increasing awareness, but there is a dearth of hard facts especially

Studying Spamming Botnets Using BotLab Arvind Krishnamurthy Joint work with: John John, Alex Moshchuk, Steve Gribble University of Washington Botnets: a Growing Threat Increasing awareness, but there is a dearth of hard facts especially

291 views • 15 slides

Cold Brew THIS IS COLD BREW Cofgee brewed with cold fresh water over a long time gets unique

Cold Brew THIS IS COLD BREW Cofgee brewed with cold fresh water over a long time gets unique fmavour characteristics. Cold Brew is already a hot trend in USA and Japan. Now we ofger the Swedish market an innovative product that matches an

75 views • 6 slides

WEATHER FRONTS Map Obtained from TWC COLD FRONTS We already have stated that a cold front is a

WEATHER FRONTS Map Obtained from TWC COLD FRONTS We already have stated that a cold front is a boundary separating two air masses (a cold air mass and a warm air mass) The cold air is found behind the cold front and it advances towards the

560 views • 31 slides

Trade, Growth and World Affairs: hard facts and policy priorities Dr. Lucian Cernat Chief

Trade, Growth and World Affairs: hard facts and policy priorities Dr. Lucian Cernat Chief Economist DG TRADE @Lucian_Cernat The views expressed are those of the author and should not be interpreted as an official position of the European

265 views • 23 slides

Winter The weather can be cold. Snow can fall. Some days are rainy. It can be

Winter The weather can be cold. Snow can fall. Some days are rainy. It can be windy. Most plants have no leaves in winter. Animals have a hard time finding food. People must wear warmer clothes. Winter Here are some fun

499 views • 15 slides

CONCRETING 1 3/4/2015 2 3/4/2015 3 3/4/2015 ACI DEFINITION OF COLD WEATHER Cold Weather - A

3/4/2015 COLD WEATHER CONCRETE PRACTICES CRMCA SOUTHERN MARKETING O SUCCESSFUL COLD WEATHER CONCRETING 1 3/4/2015 2 3/4/2015 3 3/4/2015 ACI DEFINITION OF COLD WEATHER Cold Weather - A period when, for more than 3 consecutive days, the

511 views • 25 slides

at least 90% of emissions from the worlds largest CO 2 emitters. All facts and fjgures in

Capturing and storing CO 2 The hard facts behind CCS CO 2 Capture and Storage (CCS) is the only technology that can capture at least 90% of emissions from the worlds largest CO 2 emitters. All facts and fjgures in this document can be

386 views • 28 slides

The Battle for PRB Coal Plants WIA Spring Meeting March 28, 2019 Randy Eminger Executive

The Battle for PRB Coal Plants WIA Spring Meeting March 28, 2019 Randy Eminger Executive Director Energy Policy Network Cold Hard Facts - 2018 Positive Negative 15 plants have closed Wyoming sold 296 mmt 27 more announced coal

326 views • 18 slides

Cold Weather Safety PPT-SM-CLDWETHR 1 V.A.0.0 Cold Weather Every year, dozens of Americans

Cold Weather Safety PPT-SM-CLDWETHR 1 V.A.0.0 Cold Weather Every year, dozens of Americans die due to exposure to cold Add to that number vehicle accidents, fatalities due to the dangerous use of heaters and other winter weather

343 views • 30 slides

Jack Fried Cold Electronics Review October 13, 2016 10/13/2016 Cold Electronics Review 1 APA

SBND Warm Electronics Design and Integration Test with DAQ System Jack Fried Cold Electronics Review October 13, 2016 10/13/2016 Cold Electronics Review 1 APA with Integrated Cold Electronics Cold electronics module and its attachment to

540 views • 34 slides

COLD STORES PLC - Company Profile Cold Stores manufacturers and markets a unique brand of ice

COLD STORES PLC - Company Profile Cold Stores manufacturers and markets a unique brand of ice cream which is the leading frozen Please use the following information to answer the questions in Part A COLD STORES PLC Managing Finance Graduate

418 views • 3 slides

THE COLD WAR RESEARCH PAPER AND PRESENTATION The Cold

THE COLD WAR RESEARCH PAPER AND PRESENTATION The Cold War is one of the three areas of focus and concentration for our IB History of

431 views • 4 slides

Activity: Derive a matrix from input-output pairs a b The 2 2 matrix A = satisfies

Activity: Derive a matrix from input-output pairs a b The 2 2 matrix A = satisfies the following equations: c d 5 35 a b = 10 35 c d 2 5 a b = c d 1 2 Calculate the

637 views • 29 slides

Finals are just around the corner. DO YOU REMEMBER HOW TO Factor? Review Session: (all levels)

Finals are just around the corner. DO YOU REMEMBER HOW TO Factor? Review Session: (all levels) Date: Monday, May 9 th When: 2:00 3:00pm 3 27= ? Where: MS 413 Finals are just around the corner. DO YOU

306 views • 12 slides

Lecture 10: Scales and Descriptors Justin Johnson EECS 442 WI 2020: Lecture 10 - 1 February

Lecture 10: Scales and Descriptors Justin Johnson EECS 442 WI 2020: Lecture 10 - 1 February 11, 2020 Administrative HW2 out, due 1 week from tomorrow: Wednesday 2/19/2019, 11:59pm HW3 out tomorrow, due 2 weeks from Friday: Friday 2/27,

1.29k views • 79 slides

Interest points CSE 576 Ali Farhadi Many slides from Steve Seitz, Larry Zitnick How can we find

Interest points CSE 576 Ali Farhadi Many slides from Steve Seitz, Larry Zitnick How can we find corresponding points? Not always easy NASA Mars Rover images Answer below (look for tiny colored squares) NASA Mars Rover images with SIFT

876 views • 34 slides

Five reasons to take a global approach to credits Based on research by Patrick Houweling, Jeroen

Five reasons to take a global approach to credits Based on research by Patrick Houweling, Jeroen van Zundert and Victor Verberk For professional investors 1 Contents Having a global credit universe means: 1. More selection opportunities 2.

301 views • 15 slides

Global Macro Survey Conducted with 700 investment professionals in Dec 2017 Which asset class

Global Macro Survey Conducted with 700 investment professionals in Dec 2017 Which asset class will provide the best return in the next What is the biggest risk to months? 60% markets over the 12 months? 50% Q4 2017 40% Geopolitical

305 views • 3 slides

H OW TO L EVERAGE B RAND STRATEG Y TO SUPE RCHARGE YOUR DESIGN B USINES S $ YOU ARE IN THE

H OW TO L EVERAGE B RAND STRATEG Y TO SUPE RCHARGE YOUR DESIGN B USINES S $ YOU ARE IN THE RIGHT PLACE IF Youre dreaming of scaling your income, earning more as you take on the design projects you love $ YOU ARE IN THE RIGHT PLACE

435 views • 21 slides

How should you build and market your schools brand? Justin Barlow Marketing Director

How should you build and market your schools brand? Justin Barlow Marketing Director Overview Strategic marketing (quickly) Marketing your school Who can help you? o External resources o Your website o Social media o PR

521 views • 34 slides